Member Info for MrMarmalade

HTTPS://www.youtube.com/watch?v=t77cWYtkOvw

The Salt Lake City Beltline project is a massive undertaking, but it utilises separate local utility crews and budgets. The "Zephyr section" is moving at its own pace because turning a rural, newly drilled oil and gas field into a commercial export route requires rewriting how the local pipeline network flows—a process heavily bottlenecked by federal paperwork and interstate pipeline physics rather than city construction delays....a summary from Gemini.

Dare I hope that we might have something to show (by August!) at the Enercom as a presenting company.

HTTPS://enercomdenver.com/

Even Gemini agreed with my assumption that the unwanted land sell-off was a master stroke in deal making, citing also the set up of Zephyr Hawk to cover any costs derived from the drilling of new wells on the non-op purchase from August.

Anyway...come on Enbridge...for us long standing holders.

Meant to say....Zephyr Acquisition holdings are nothing to do with us!

Nothing to do with Zephyr Energy.

I don't mind admitting that the wait for the much anticipated Enbridge announcement is frustrating. However, it explains the range-bound sp at the moment. What has impressed me recently was the $7.3m transaction and the flipping of non-core parts for $4.6m...a sublime move giving us producing wells for $2.6m! Appreciating the useful posts and links on here, you know who you are. Happy Easter all...MM.

Final words from one of Gemini's replies to my query regarding the two recent(ish) Uinta Sales to SM Energy and NOG as well as Four-Point....

The Verdict

The Upside:

If the Paradox reaches "Full Field Development" status (estimated at 74 million barrels for the White Sands Unit alone), the valuation math changes. At Uinta-level metrics, the White Sands Unit could reach a valuation of $1.5B to $1.8B once the gas plant is running at full capacity and 10–20 horizontal wells are producing steadily.

The Paradox is essentially "The Uinta, five years ago." The reserves are there, and the well performance is arguably better on a per-foot basis, but until the Enbridge gas link is fully open, it remains a "pre-sale" asset.

Infrastructure Status (February 2026)

The single biggest reason the Paradox hasn't "sold" for $2.5 billion yet is gas handling. In the Uinta, the infrastructure is mature. In the Paradox, it is currently under construction.

The Enbridge/Zephyr Tie-in: As of February 2026, Enbridge (which recently acquired Dominion Energy's Utah assets) and Zephyr Energy are in weekly technical meetings to finalize the interconnect between the Paradox wells and the Williams Northwest Pipeline.

The Pipeline: A critical 10-mile feeder line and a 6-inch gathering system are being reactivated.

The Gas Plant: Zephyr’s Powerline Road Gas Plant is expected to achieve "first gas" later in 2026, with an initial capacity of 5–10 million cubic feet per day.

VVBWMM

Proving this is a 'Play' is what I am here for. A tiger by the tail !

Another 56 yr old here...sorry!

Thanks for all the chat below esp us long term holders. Gemini is very helpful indeed (with obvious caveats) and it added this regarding the Enbridge agreement.....

Why This Matters for the Share Price

Before this agreement, Zephyr was in a "stalemate" where it had three wells (State 36-2, 16-2, and Federal 28-11) capable of production but no way to sell the gas.

De-Risking: Securing a major partner like Enbridge effectively removes the "infrastructure uncertainty" that has plagued the stock for two years.

Validation: Enbridge doesn't sign interconnect deals with "hopeful" projects. This agreement serves as a third-party validation that Zephyr’s gas volumes are substantial enough to justify the construction.

Timeline to Revenue: With the framework in place, the path to "First Gas" in 2026 is now an engineering schedule rather than a theoretical goal.

Next Steps for Zephyr

Now that the framework is sorted, the company is focused on:

Marketing Partners: Zephyr is currently reviewing final proposals from gas marketers to buy the volumes once they hit the Enbridge line.

Joint Venture (JV) Talks: They are using the "certainty" of this Enbridge deal to negotiate a potential farm-in partner who could fund the next 10–20 wells in the Paradox Basin.

The neighbourhood as well as Luis Azevedo brought me here (as a very happy Bravo holder).

Hopefully follows an update RNS (am).....

HTTPS://x.com/mgrahamwood/status/2008562644077396332

Don't forget we also have Luís Azevedo onboard, who has been named “Personality of the Year in the Mineral Sector” - Brazil, by Brasil Mineral. BWMM

as requested papaduke (posted on tg).....spoke with colin . i do know him and do trust him and he is working flat out and focussed on getting us into production and being able to do a proper drill program to prove out the resource . he sounded confident without saying anything he shouldn’t say …. we must remember a few points

1) everything he is trying to do re production has been held back a couple of months by the lockdown as no fed offices are working or people inspecting pipe lines etc

2) the overall financials on the wells hasn’t changed really with the weaker oil price . all the complaints about the oil to gas ratio are now wrong as not only has henry hubb price for gas gone up by around 50% but our area attracts a decent premium ,making the gas potentially the biggest earner .

3) the new borrowing terms with our bank at a reduced rate testify to the fact that the fundamentals behind the company are strong ( the banks are very risk averse and would be pulling their loans or at least increasing the rate if there was any doubt .

4). we only can borrow against the non op as the paradox is not in production yet . i presume that will open up more opportunities to borrow to fund drilling when we are producing… which i really hope will be very soon .

colin put a lot of his cash into the last raise and is genuinely aligned with us shareholders . i genuinely believe that .

i did say i thought the salaries were too high and i thought he needed to do more to explain the various rns to people in layman’s language as there are a few ******s on the chat rooms who love to baffle with bull**** and cause worry …. just like they did re the gas being worthless etc etc

hang tight !

Nelsonthe Dog ..It was a surprise to me too about the refurb, which is great news. All in all a useful interview. Also on Telegram , Zephyr group member ( Nigel) has shared a brief transcript of his chat with Colin which is equally reassuring. VBWMM

This was a handy write up comparing with other Rocky Mountain production...

HTTPS://www.tgs.com/weekly-spotlight/08-05-2024

And it's important to understand that NETL would love this oilplay to be proven and producing. The 2024 Uinta Basin sale to SM Energy gives me comfort and was referenced by Colin in one of his presentations.

Thanks for reposting Molatov. It has been a reassuring read since it came out. I think I shared it in October but a gentle reminder at times like this is no bad thing. VBWMM

Whilst we await news, NETL mentions the successful Paradox collaboration....

https://www.linkedin.com/posts/national-energy-technology-laboratory_netl-released-its-fourth-quarter-accomplishments-activity-7388910927665971200-RYlU?utm_source=share&utm_medium=member_desktop&rcm=ACoAAFWRIikBaSs96mUD_TUI7C3-nlVgGa5serE

Aimed at Nationwide agents...

HTTPS://agentblog.nationwide.com/personal-lines-insights/personal-lines-roundtable/personal-lines-roundtable-ep-13-smart-home-solutions-and-the-future-of-risk-prevention/?utm_source=MBervenLinkedIn&utm_medium=Social&utm_campaign=MBervenLinkedIn

And the VIP Homelink offering ...

https://viphomelink.com/insurance-carriers/

VBWMM

Link posted elsewhere ...

HTTPS://www.claimspages.com/news/how-insurtech-is-transforming-the-homeowners-insurance-business-model-20250828/

but the interesting link within it is this one....

HTTPS://www.insurancethoughtleadership.com/personal-lines/can-insurtech-fix-homeowners-insurance

'The left side of this bill is the biggest opportunity. Avoiding claims from happening, and mitigating situations that have already occurred, is the big insurtech opportunity in homeowners insurance. Connect and protect is the name of this opportunity.'

BWMM

HTTPS://enercomdenver.com/company/zephyr-energy/